Canacol Energy Ltd (OTCMKTS:CNNEF – Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.60 and traded as high as $2.70. Canacol Energy shares last traded at $2.67, with a volume of 2,830 shares traded.
Canacol Energy Stock Performance
The stock has a market cap of $91.10 million, a P/E ratio of 3.99 and a beta of 0.93. The company has a 50-day moving average price of $2.61 and a two-hundred day moving average price of $2.59.
About Canacol Energy
Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.
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